Ask HN: Earning 100k EUR in Berlin?

Re:Ask HN: Earning 100k EUR in Berlin? by NicoJuicy on Sunday December 20, 2020 @03:56PM (#25489426)

Where I live, we are record savers ( Belgium). Everyone can go on pension at 56 ( much lower pension though) and can have a break for multiple years if they want, during their active career, that's not possible in the US.

I have 1 year to go for being debt free ( included buying a house) at 32 age.

I also thought it was US citizens that didn't save money?

https://www.google.com/url?sa=t&source=web&rct=j&url=https:/...

Even then, Europe catched up with productivity and some even doubled it vs. the US ( quoting : https://www.euractiv.com/section/innovation-industry/intervi... )

> Hours worked does not mean more productive.

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Re:Ask HN: Earning 100k EUR in Berlin? by burntoutfire on Sunday December 20, 2020 @04:03PM (#25489473)

I once got a contract offer from Belgium and checked your taxes. They are something like 55% for anything over 60k EUR per year? It means that, even if you get a high paying job, literally most of the money gets taken away. Seem rather hard to save significant amounts in such conditions.

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Re:Ask HN: Earning 100k EUR in Berlin? by NicoJuicy on Sunday December 20, 2020 @04:07PM (#25489504)

Cost of living is lower?

600€/ month was enough to pay off my house loan. Leaves plenty of room to save money.

I literally save like 3-4/5ths, i do think that's more than average though.

Renting a place here would be 300-900€/month. I know someone who rents at 250€/month in the city with a decent house ( that's an edge case though)

Note: I'm paying off my loan early.

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Re:Ask HN: Earning 100k EUR in Berlin? by pc86 on Monday December 21, 2020 @08:42AM (#25494836)

And there are places in the US where modest homes in good areas are $90-100k and will get you a similar payment even with less than 20% down. I'm not sure what your point is?

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